Envoy Textile Limited, an export-oriented denim fabric manufacturer in Bangladesh, is one step closer to building a new spinning facility. Last week, the Asian Development Bank (ADB) announced it has signed a $30 million sustainability-linked loan facility agreement with the mill. The loan will help fund a new spinning unit at Envoy’s manufacturing plant in Jamirdia, Bangladesh. Automated and more energy efficient, it will have an annual yarn production capacity of 4,550 tons, which will be mainly used fo ...